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Euro and continuing dilemma
The Euro has been floating between the Central bank's decision and economic data. European economic data dedicating a weaker Eurozone economy, while ECB's policymakers state that the central bank has no reason to pause rate hikes after the following...
BTC above 24K, can we trust bulls?
After two weeks of falling, Bitcoin and most altcoins regained most of their losses. However, the main question is how far this price rise can continue, and can we trust bulls or not? After touching an almost one-month low of around 21,000 USD on Feb...
Sterling and return to the downward trend.
Strong Labor market and decreasing inflationRecently published data from the UK were mixed. Last week's GDP was disappointing, and this week's labor market data and inflation numbers were encouraging. GDP data released last Friday showed t...
The effects of US inflation on financial markets
Hard work fighting bearsBefore investigating the US inflation effects on financial markets, reviewing the numbers in more detail would be better. According to the US Bureau of Labor Statistics, the US consumer inflation in January raised 6.4% year-on...
Gold and US inflation
Bulls will have hard days ahead! The gold price was in a clear uptrend from November 2022 until last week, when market participants started to believe that Fed tightening policies would continue as inflation concerns again increased. This though...